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Main Street, Welby, NG32

East Midlands

£300,000
Listed on 29/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1325 sqft

Description

Envision life in a tranquil village, where this three-bedroom semi-detached house in Welby presents an excellent opportunity for renovation and personal customization. Positioned on a spacious plot with scenic views of the surrounding countryside, this home offers the potential for both expansive outdoor enjoyment and tailored indoor living. The flexible layout features a lounge complete with a fireplace — ideal for creating cozy gatherings — alongside a kitchen, dining room, lean-to conservatory, and additional utility spaces such as a workshop. With thoughtful renovations (subject to necessary permissions), there is ample opportunity to reconfigure these areas into a modern, open-plan living space that seamlessly integrates with the generous garden. Upstairs accommodates two sizable double bedrooms and an additional single bedroom that can serve various purposes — perfect for family needs or workspace. The family bathroom supplements this floor, enhancing the home's livability. Outside, a large driveway ensures off-road parking convenience while the mature garden invites possibilities for landscaping, outdoor entertaining, or even gardening pursuits. This property is being sold chain-free and offers a unique blend of desirable location, renovation potential, and lifestyle versatility — making it an ideal investment for those looking to create their dream home in Welby.

Investment Analysis

(NG32 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£226/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£376,181
10% above area average per sq ft
Potential ROI
+10.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (NG32)

Area prices are rising by +3.3% over the last 12 months
3 year growth: -5.2%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on NG32 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Main Street, Welby, NG32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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